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Tag Archives: compliance

Get ready for TRID!

September 22, 2015

The TRID deadline is fast approaching, requiring new Loan Estimates and Closing Disclosures — are you ready? The new TRID requirements bring broad changes to the loan process, and as your trusted partner, Accurate Group is here to help you transition quickly and smoothly. We’ve developed multiple tools and services to help you adapt your processes,... Read more

Why consider real estate appraisal outsourcing?

September 3, 2015

Many real estate lenders and mortgage servicers are still managing their own appraisal management function. As a result, adhering to regulatory compliance requirements has become a significant and expensive burden for these firms. In addition, the complexity of maintaining compliance is putting many firms in the risky position of being non-compliant. In fact, 75% of... Read more

Important CFPB enforcement – title supplier selection and title order placement

January 26, 2015

On January 22, 2015, the Consumer Financial Protection Bureau (CFPB) took significant RESPA enforcement action against two of the nation’s largest banks for alleged illegal kickbacks paid to loan officers or underwriters who selected title suppliers. Are you still allowing loan officers to select their preferred title or closing agent? If so, why?  Don’t take this... Read more